XML 24 R4.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Consolidated Statements of Operations    
Revenues $ 33,941,900 $ 19,626,453
Cost of revenues 16,590,244 9,386,188
Gross margin 17,351,656 10,240,265
Operating costs and expenses:    
General and administrative 17,465,191 9,798,793
Sales and marketing 13,820,868 7,245,644
Engineering and development 3,740,642 1,840,443
Total operating costs and expenses 35,026,701 18,884,880
Loss from operations (17,675,045) (8,644,615)
Other income (expense):    
Interest expense (1,366,924) (69,253)
Warrant inducement and repricing expense 0 (899,410)
Other income, net 772,065 77,631
Total other expense, net (594,859) (891,032)
Loss before provision for income taxes (18,269,904) (9,535,647)
Provision for income taxes (61,575) (19,954)
Net loss $ (18,331,479) $ (9,555,601)
Net loss per share - basic and diluted $ (0.55) $ (0.34)
Weighted average common shares outstanding - basic and diluted 33,394,285 28,210,648